Financial Markets Efficiency Index in India

India: Financial Markets Efficiency Index was 0.9252 in 2020. β–² Rising

Latest (2020)
0.9252
Change on year
up 33.3%
World rank
13th
of 183 countries
All-time high
1
in 1994
All-time low
0.0221
in 1980
Years of data
41
1980–2020

Financial Markets Efficiency Index in India, 1980–2020

00.20.40.60.811980200020201980: 0.0221981: 0.0431982: 0.0621983: 0.0561984: 0.111985: 0.1991986: 0.291987: 0.451988: 0.5481989: 0.641990: 0.7091991: 0.9511992: 0.8281993: 0.9791994: 11995: 11996: 11997: 11998: 11999: 12000: 12001: 12002: 12003: 12004: 12005: 0.9362006: 0.8782007: 0.6862008: 12009: 0.9492010: 0.7432011: 0.7352012: 0.5662013: 0.5572014: 0.5572015: 0.5672016: 0.5712017: 0.5822018: 0.7012019: 0.6942020: 0.925

Source: International Monetary Fund.

Analysis

In 2020, financial markets efficiency index in India stood at 0.9252.

Compared with earlier readings it is up 33.3% on the previous year and up 24.5% over ten years.

Over the whole period, financial markets efficiency index in India peaked at 1 in 1994 and was at its lowest, 0.0221, in 1980.

That places India 13th out of 183 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 41 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.2419 0.0221 0.6399 10
1990s 0.9467 0.7088 1 10
2000s 0.9449 0.6861 1 10
2010s 0.6273 0.5571 0.743 10
2020s 0.9252 0.9252 0.9252 1

Countries ranked near India

  1. 11 Germany 0.9804 compare
  2. 12 Czechia 0.9739 compare
  3. 14 Australia 0.8797 compare
  4. 15 United Kingdom 0.8148 compare
  5. 16 Switzerland 0.8064 compare

See the full ranking of 192 places β†’

More financial sector data for India

All data for India β†’

Frequently asked questions

What is financial markets efficiency index in India?
Financial markets efficiency index in India was 0.9252 in 2020, according to International Monetary Fund.
What is the highest financial markets efficiency index recorded in India?
The highest recorded value was 1 in 1994.
What is the lowest financial markets efficiency index recorded in India?
The lowest recorded value was 0.0221 in 1980.
How does India rank for financial markets efficiency index?
India ranks 13th out of 183 countries with data for 2020.
Is financial markets efficiency index rising or falling in India?
Over the last ten years it is up 24.5%. The long-run trend across the full record is rising.
Where does this India data come from?
The figures come from International Monetary Fund, published as part of Financial Markets Efficiency Index. Statizoid updates them automatically from the source API.

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Financial Markets Efficiency Index in India. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/stat/financial-markets-efficiency-index/india/

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About this data

Indicator
Financial Markets Efficiency Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.